PART 6Assessment of income and capital

SECTION 6

Capital

Calculation of capital44

1

For the purposes of Part 7 of the Act as it applies to housing benefit, the capital of a claimant to be taken into account shall, subject to paragraph (2), be the whole of his capital calculated in accordance with this Part.

2

There shall be disregarded from the calculation of the claimant's capital under paragraph (1) any capital, where applicable, specified in Schedule 6.

3

A claimant's capital shall be treated as including any payment made to him by way of arrears of—

a

child tax credit;

b

working tax credit;

c

state pension credit,

if the payment was made in respect of a period for the whole or part of which housing benefit was paid before those arrears were paid.